Dimensional Fund Advisors Portfolio holdings
Dimensional Fund Advisors (DFA), founded in 1981 by David Booth and Rex Sinquefield and headquartered in Austin, Texas, is an investment management firm renowned for its evidence-based, low-cost approach to investing, grounded in academic research from Nobel laureates like Eugene Fama and Kenneth French. Managing hundreds of billions in assets, DFA focuses on systematic, passive strategies that tilt toward factors like small-cap, value, and profitability stocks, primarily through mutual funds and institutional portfolios rather than retail brokerage services. The firm’s philosophy eschews market timing and stock picking, instead emphasizing diversification and efficient market exposure, often requiring investors to access its funds through approved financial advisors. With a global presence and a reputation for disciplined, data-driven investing, DFA has carved a unique niche in the industry, blending academic rigor with practical application.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$208M |
| 2 |
Alibaba
BABA
|
+$188M |
| 3 |
EVHC
Envision Healthcare Holdings Inc
EVHC
|
+$162M |
| 4 |
Abbott
ABT
|
+$122M |
| 5 |
Bank of America
BAC
|
+$122M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Aerospace
GE
|
+$217M |
| 2 |
AMSG
Amsurg Corp
AMSG
|
+$183M |
| 3 |
IM
Ingram Micro
IM
|
+$162M |
| 4 |
Union Pacific
UNP
|
+$148M |
| 5 |
LXK
Lexmark Intl Inc
LXK
|
+$143M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.55% |
| 2 | Industrials | 13.59% |
| 3 | Technology | 12.45% |
| 4 | Consumer Discretionary | 9.36% |
| 5 | Healthcare | 8.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FISV
651
Fiserv Inc
FISV
$28.9B
| $81M | 0.04% |
1,523,742
-12,404
| -0.8% | -$637K |
|
652
American Eagle Outfitters
AEO
$3.04B
| $81M | 0.04% |
5,337,186
+657,516
| +14% | +$11.2M |
|
653
Stewart Information Services
STC
$2.11B
| $80.9M | 0.04% |
1,754,850
-13,963
| -0.8% | -$627K |
|
654
BOK Financial
BOKF
$8.65B
| $80.6M | 0.04% |
970,172
-11,797
| -1% | -$906K |
|
655
The Greenbrier Companies
GBX
$1.6B
| $80.5M | 0.04% |
1,938,474
+852
| +0% | +$31.8K |
|
656
Howmet Aerospace
HWM
$114B
| $80.5M | 0.04% |
+5,664,206
| New | +$85.2M |
|
657
Southern Company
SO
$109B
| $80.3M | 0.04% |
1,632,157
+56,888
| +4% | +$2.79M |
|
|
SAVE
658
DELISTED
Spirit Airlines, Inc.
SAVE
| $80.3M | 0.04% |
1,387,192
+95,893
| +7% | +$4.94M |
|
659
O'Reilly Automotive
ORLY
$75.6B
| $80.1M | 0.04% |
4,312,635
+52,410
| +1% | +$957K |
|
|
ATSG
660
DELISTED
Air Transport Services Group
ATSG
| $79.7M | 0.04% |
4,996,383
-78,674
| -2% | -$1.22M |
|
661
NBT Bancorp
NBTB
$2.79B
| $79.7M | 0.04% |
1,902,631
+5,917
| +0.3% | +$220K |
|
662
Valmont Industries
VMI
$9.33B
| $79.7M | 0.04% |
565,300
-64,351
| -10% | -$8.93M |
|
663
Dominion Energy
D
$62.1B
| $79.5M | 0.04% |
1,038,543
+41,064
| +4% | +$3.03M |
|
|
Y
664
DELISTED
Alleghany Corp
Y
| $79.4M | 0.04% |
130,584
-566
| -0.4% | -$316K |
|
|
ENIA
665
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $79.4M | 0.04% |
9,671,697
+281,467
| +3% | +$2.34M |
|
|
CUB
666
DELISTED
Cubic Corporation
CUB
| $79.3M | 0.04% |
1,653,083
+152,417
| +10% | +$6.99M |
|
667
Omega Healthcare
OHI
$15.4B
| $79.2M | 0.04% |
2,535,108
+155,267
| +7% | +$4.79M |
|
668
Gerdau
GGB
$9.72B
| $78.9M | 0.04% |
31,641,150
-1,269,396
| -4% | -$3.46M |
|
669
PayPal
PYPL
$51.4B
| $78.7M | 0.04% |
1,993,641
+39,933
| +2% | +$1.61M |
|
670
Avis
CAR
$5.88B
| $78.7M | 0.04% |
2,144,206
-569,163
| -21% | -$20.6M |
|
|
LPT
671
DELISTED
Liberty Property Trust
LPT
| $78.6M | 0.04% |
1,989,981
+17,464
| +0.9% | +$684K |
|
672
OSI Systems
OSIS
$3.64B
| $78.6M | 0.04% |
1,032,259
+52,077
| +5% | +$3.75M |
|
673
First Citizens BancShares
FCNCA
$25B
| $78.4M | 0.04% |
220,782
+10,363
| +5% | +$3.38M |
|
674
Lithia Motors
LAD
$8.17B
| $78.4M | 0.04% |
809,204
+54,785
| +7% | +$5.02M |
|
675
Federal Signal
FSS
$7.19B
| $78.4M | 0.04% |
5,019,298
-5,197
| -0.1% | -$75K |
|
Similar funds
Dimensional Fund Advisors's Q4 2016 Portfolio in Review
As of Q4 2016, Dimensional Fund Advisors held 3,363 positions worth $200B, up 8.2% from $185B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
Trading was light in Q4 2016: portfolio turnover was 4.8%. Dimensional Fund Advisors opened 87 new positions and exited 74, leaving the 3,363-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 18% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q4 2016 buy was Alibaba: 1,948,659 shares worth $171M.
- Dimensional Fund Advisors added most to Walmart Inc in Q4 2016, an estimated $208M increase.
- Dimensional Fund Advisors's biggest Q4 2016 reduction was GE Aerospace, cutting an estimated $217M.
- Dimensional Fund Advisors fully exited Amsurg Corp in Q4 2016, selling an estimated $183M.
- Dimensional Fund Advisors's ten largest holdings make up 9% of its $200B portfolio in Q4 2016.
- Dimensional Fund Advisors opened 87 new positions and closed 74 in Q4 2016.
- Dimensional Fund Advisors's portfolio value rose 8.2% quarter-over-quarter to $200B.
Based on Dimensional Fund Advisors's 13F filing for Q4 2016, filed 9 Feb 2017.